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FOR IMMEDIATE RELEASE
Contact
Doug Donahue
Entrada Group
Phone: (210) 828-8300
Email: ddonahue@entradagroup.com
Web site: www.entradagroup.com
Entrada Group Announces Strategic Contract with CMA Cables and Axiom Industries
Austin, TX – October 31 3008 - Entrada Group is pleased to announce that both CMA Cables and Axiom Industries have contracted with Entrada to provide integrated manufacturing shared shelter services to assist in the transition, start-up, and management of their new operations at Entrada Group’s Industrial Park in Fresnillo, Zacatecas, Mexico.
Both companies plan to utilize their first Mexican operations to produce products for both re-export to the United States and Canada as well as potentially supplying other OEM operations located throughout Mexico.
“After first evaluating our options in China, we went through an extensive search of different sites in Mexico to determine which location would be most cost effective and reliable for our clientele. As cost is an important variable in our clienteles purchasing process, we wanted to choose an area and business model that would provide us with a sustainable cost structure. The Fresnillo location offered reliable cost effective labor and Entrada’s shared service structure provides us with an effective tool to minimize overhead cost. We are confident that the Fresnillo location will pay dividends for us and our clients for years to come,” said Bob Penicka, President Axiom Industries.
According to Tom Huggins, Vice President of CMA Cables, “In the automotive industry it is critical to get the right cost structure in place to achieve the lowest total cost of ownership for our customers. When evaluating the Fresnillo location and Entrada, we wanted a location that met our cost needs but more important, a partner that understands the current international manufacturing environment and is investing for the future. These are challenging times but with making strategic investments and partnering with forward thinking companies we are confident that CMA will excel in our market.”
Headquartered in Austin, Texas, Entrada Group is a leading manufacturing shelter operator in Mexico. They partner with international manufacturers who need to enhance their competitiveness in the global market. Entrada Group minimizes client risk of moving into a low cost production area by allowing the client to focus in on manufacturing while Entrada Group focuses setting up and running critical production support functions in a foreign field.
“It's all about risk and knowing how to manage it wisely. The Entrada team earned my confidence quickly with their understanding of our production concerns and expertise in Mexico.”
